BINYAH TO BUILD CAR PARK AT DIRIYAH GATE

A further Diriyah Gate-Binyah contract was confirmed with the Saudi Real Estate Company (Al Akaria) announcing that its subsidiary, Saudi Real Estate Infrastructure Company (Binyah), has been awarded a $145 million Diriyah Gate Company contract to design, construct, test, and commission the P3 car park project in the Northern Cultural District.

The car park will include a minimum of 2,000 parking places spread across four basement levels, covering an area of 100,000m2. The scope of work includes the construction of a reinforced concrete building, mechanical, electrical and plumbing (MEP) works, a smart parking control management system, and a guidance system. The duration of the contract is 548 days.

The car park will include a minimum of 2,000 parking places